Category Archives: PR Newswire

PR Newswire

Casio to Release G-SHOCK-Surfrider Foundation Collaboration

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Features Recycled Manufacturing Scraps for Resin Bezel and Band

TOKYO, May 15, 2024 /PRNewswire/ — Casio Computer Co., Ltd. announced today the release of the latest addition to the G-SHOCK family of shock-resistant watches. The new G-5600SRF is designed in collaboration with the Surfrider Foundation, a group committed to protecting our oceans.

G-5600SRF
G-5600SRF

Founded in California in 1984, the Surfrider Foundation is now an international environmental non-government organization with some 250,000 supporters active in 23 countries around the world. Sharing the foundation’s doctrine of protecting the oceans we love and leaving beautiful seas for the future and recognizing that G-SHOCK is a brand loved by surfers, Casio collaborated with Surfrider Foundation on a total of seven models between 1995 and 2010.

Artwork designed by Yusuke Hanai
Artwork designed by Yusuke Hanai

This eighth collaboration, the G-5600SRF, is a shock-resistant watch featuring a bezel and band made with recycled resin scraps recovered from Casio manufacturing facilities. The scrap resin is finely shredded, mixed into a base urethane material, and then molded into the necessary components. The result is a fun, unique design created by the black and white flakes of this added material.

The Surfrider Foundation logo is featured on the dial and case back, while the hashtag is printed on the band loop. These design features serve as reminders to live in a way that protects our oceans.

The watch delivers practical utility, as well, with a Tough Solar charging system that generates power from sun and fluorescent lamplight, eliminating the need to regularly replace the battery.

All of this, as well as paper packaging made with recycled paper, comes together in a special timepiece worthy of a G-SHOCK-Surfrider Foundation collaboration.

Source: CASIO COMPUTER CO. LTD

PR Newswire

Dangbei to Unveil Mars Pro 2: World’s First Google TV 4K Laser Projector with Licensed Netflix

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A leap forward in home entertainment, combining a super-bright 4K laser cinema with the convenience of Google TV and licensed Netflix access

TUMWATER, Wash., May 14, 2024 /PRNewswire/ — Dangbei, an innovator in smart entertainment, today announces the launch of its flagship model, Dangbei Mars Pro 2, the world’s first Google TV 4K laser projector with a built-in, licensed Netflix app. It marks the first projector to combine laser-illuminated Ultra HD picture, Dolby and DTS:X surround sound, the vast content universe of Google TV, and advanced smart controls. This makes it a truly all-in-one entertainment hub, transforming spaces into a movie theater, a gaming arena, or even a sports bar.

Dangbei Mars Pro 2: World’s First Google TV 4K Laser Projector with Licensed Netflix
Dangbei Mars Pro 2: World’s First Google TV 4K Laser Projector with Licensed Netflix

The Brightest Projector from Dangbei

Boasting a stellar 2450 ISO lumens powered by a laser light source, Dangbei Mars Pro 2 is Dangbei’s brightest projector to date. This translates to consistently vibrant visuals, day or night, for years to come. The premium 4K UHD picture with HDR10+ support offers a theater-quality experience, and the ALPD® technology ensures speckle-free and color fringing-free visuals.

Netflix and More at Fingertips

Mars Pro 2 makes streaming a breeze. The pre-installed, licensed Netflix app delivers smooth, stutter-free playback, taking Netflix viewing on projectors to new heights. Google TV’s intuitive interface allows for managing watchlists, multiple profiles, and getting personalized recommendations from all preferred streaming services, including Netflix, YouTube, Prime Video, Hulu, Disney+, and more.

Big Picture, Big Sound

Despite its compact size compared to traditional projectors, Mars Pro 2 can project expansive images up to 200 inches—over 2.5 times larger than a 75-inch TV. The immersive adventure goes beyond visuals. Mars Pro 2 boasts powerful sound with dual 12W built-in speakers, a spacious 600ml sound chamber, Dolby Audio, and DTS:X support, creating a next-level cinematic soundscape.

Smarter Image Optimization

Mars Pro 2 debuts Dangbei’s next-gen intelligent image optimization technology, InstanPro AI Image Setup. It leverages a combination of dToF, CMOS, and AI algorithms to offer a range of functionalities. Users can enjoy faster autofocus, auto keystone, screen fit, obstacle avoidance, eye protection, and AI brightness control—all designed for a perfect viewing experience.

Unleash Endless Entertainment

Dangbei Mars Pro 2 is a one-stop shop for entertainment. A dedicated game mode with low latency, 4K 60Hz refresh rate, HDMI 2.1, and WiFi 6 ensures seamless gameplay. MEMC technology smooths out fast-action for sporting events and more. Plus, Mars Pro 2 comes with 3D capabilities including Blu-ray, all delivered in whisper-quiet operation under 24 dB for uninterrupted enjoyment.

Pricing and Availability

Dangbei Mars Pro 2 will be officially released on May 28th, available both on the official website and Amazon US for $1899. To mark the occasion, Dangbei will offer a special discount of $400, bringing the price down to $1499. Customers can even claim a free gimbal stand (valued at $139) with their purchase of Mars Pro 2 on the Official Website, by subscribing to the newsletter prior to launch. 

The new product will also be available on Amazon UK/EU and other marketplaces like MediaMarkt, Fnac, Alza, Datart, and Allegro.

About Dangbei

Dangbei is a premium smart entertainment provider specializing in projectors and other innovative products. Trusted by over 200 million users worldwide, Dangbei offers stunning visuals and immersive sound, transforming spaces into vibrant entertainment, work, and life hubs.

In China, Dangbei leads in software for large screens, providing a vast app and content library across entertainment, health, education, and productivity. Dangbei ranks Top 2 in terms of shipments in China and Top 1 in the laser projector category. Learn more at us.dangbei.com.

PR Newswire

LG Display’s Research Results on OLEDoS for VR Selected as Distinguished Paper at SID Display Week 2024

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SEOUL, South Korea, May 13, 2024 /PRNewswire/ — LG Display, the world’s leading innovator of display technologies, announced today that its research paper on OLEDoS for virtual reality (VR) has been selected as a Distinguished Paper of the Year by the Society for Information Display (SID), the world’s most prestigious display organization, at SID Display Week 2024. The company has been recognized for its technical leadership in the next-generation of displays.

LG Display researchers conduct research on OLEDoS for VR
LG Display researchers conduct research on OLEDoS for VR

LG Display’s paper is focused on examining ultra-high brightness and ultra-high resolution OLEDoS for VR, having developed OLEDoS by introducing major technologies that have significantly improved its performance.

Out of more than 500 papers submitted by display researchers around the world, only the top 5% that publicize truly outstanding results are recognized for their excellence each year by SID.

As it is OLED deposited on a silicon wafer substrate, OLEDoS is attracting attention as a way to deliver AR and VR in high definition even on the micro scale. In particular, VR displays require higher screen brightness and resolution than general displays to increase the viewer’s sense of immersion when external light is blocked.

LG Display’s research team has been recognized for successfully achieving a brightness of 10,000 nits, a 40% enhancement over the existing standard, by combining its newly developed high-performance OLED elements with its own development of OLED light extraction maximization technology called Micro Lens Array (MLA).

If a high-performance OLEDoS display is used in VR devices, it is expected to provide a more vivid and lifelike virtual reality experience.

LG Display will present fifteen next-generation display research papers at Display Week 2024, including the results of its OLEDoS research. It will propose a technology that improves the three-dimensional effect of a glasses-free light field display and a performance measurement method for stretchable displays that can be stretched up, down, left, and right.

In addition, the company plans to present its production process optimization research results while also promoting its differentiated technological leadership. These results will feature a high-efficiency OLED light emitting element design and defect prediction system, both of which were developed using artificial intelligence.

“We will continue to create new customer value and strengthen our technological competitiveness through next-generation display research and development that implements ultra-high brightness and resolution,” said Soo-young Yoon, CTO and Executive Vice President at LG Display.

About LG Display

LG Display Co., Ltd. [NYSE: LPL, KRX: 034220] is the world’s leading innovator of display technologies, including thin-film transistor liquid crystal and OLED displays. The company manufactures display panels in a broad range of sizes and specifications primarily for use in TVs, notebook computers, desktop monitors, automobiles, and various other applications, including tablets and mobile devices. LG Display currently operates manufacturing facilities in Korea and China, and back-end assembly facilities in Korea, China, and Vietnam. The company has approximately 70,707 employees operating worldwide. For more news and information about LG Display, please visit www.lgdisplay.com.

Media Contact:

Joo Yeon Jennifer Ha, Manager, Communication Team
Email: hjy05@lgdisplay.com

PR Newswire

Breaking Boundaries: SUNLU Unveils Diverse 3D Printing Material Innovations at TCT Asia 2024

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ZHONGSHAN, China, May 11, 2024 /PRNewswire/ — From May 7th to May 9th, 2024, TCT ASIA 2024 was held at the National Exhibition and Convention Center in Shanghai. As a global summit for 3D printing technology, this exhibition brought together numerous industry elites and research experts to explore the forefront of digital manufacturing technology.

SUNLU BOOTH
SUNLU BOOTH

At this technological feast, SUNLU, a rapidly developing player in the 3D printing industry, showcased multiple innovative materials and electronic products, demonstrating its outstanding achievements in additive manufacturing. Positioned at 8E22, SUNLU attracted a large number of visitors with its unique booth design, and the display of various products sparked enthusiastic responses.

Jack Jiang, SUNLU’s General Manager, stated, “As experts in 3D printing, SUNLU has always adhered to our core concept of ‘Technology Simplifies Creation,’ focusing on users and continuously pursuing excellent product quality. Our latest innovations are based on in-depth insights into user and market needs, aiming to bring users a better experience.”

Let’s delve into SUNLU’s latest offerings:

Reusable Spools

Addressing a common frustration among 3D printing users–the handling of empty spools– SUNLU unveiled reusable spools following in-depth market research and technical analysis, providing a new solution for energy conservation and environmental protection.

Designed with sustainability in focus, these spools feature advanced materials and optimized structures for reuse, equipped with weight markings, large visual labels, and durability, effectively reducing spatial waste and enhancing material management efficiency. Additionally, perforations on the spools enhance drying for better filament quality.

High-Speed Filaments

With fast printing becoming a mainstream trend in 3D printers, the quality and efficiency of printing materials must also improve. SUNLU promptly responded to market demands for higher-performing filaments with its High-Speed Series Filaments: High-Speed PLA, High-Speed ABS, and High-Speed PETG. Capable of accommodating printing speeds up to 600mm/s without compromising precision, these filaments promise superior print quality while maintaining the advantages of general filaments, such as PLA’s compatibility, ABS’s toughness, and PETG’s resilience, significantly boosting both efficiency and user satisfaction.

Functional Filaments

With 3D printing transcending boundaries into diverse sectors like lifestyle, education, art, and culture, SUNLU debuted a suite of functional filaments tailored to these expanding needs. This includes flexible TPU, UV/rain/heat-resistant ASA, Easy PA for high-strength components, lightweight yet sturdy PLA Carbon Fiber, and Anti-String PLA for a smooth surface finish. These filaments broaden the application spectrum and fuel creativity across industries.

Present for now, promising for the future. A successful conclusion also heralds a brand new beginning. Bolstered by a decade of manufacturing and R&D experience, and a global leadership position in material sales reaching over 150 countries, SUNLU looks ahead with a commitment to fostering a brighter technological future. Rooted in innovation, we pledge to continue offering top-quality 3D printing materials, equipment, and solutions. Anticipation runs high for the next encounter where SUNLU will undoubtedly shine anew!

For more information, please visit: 
https://www.sunlu.com

Media Contact:
Branding@sunlu.com
Sales@sunlu.com

PR Newswire

Human-Centered Digital Technology Starts with Digital Talent Development: DigiBridge Digital Talent Development Side Event at the 2024 UN STI Forum

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NEW YORK, May 11, 2024 /PRNewswire/ — The ninth annual United Nations Science, Technology, and Innovation Forum (UN STI Forum), dedicated to advancing the Sustainable Development Goals, convened at the UN headquarters in New York on May 9-10, 2024. Under the theme “Science, Technology, and Innovation for Reinforcing the 2030 Agenda and Eradicating Poverty in Times of Multiple Crises: The Effective Delivery of Sustainable, Resilient, and Innovative Solutions,” the forum featured keynotes from luminaries such as Dennis Francis, President of the General Assembly; Paula Narvaez, President of ECOSOC; Li Junhua, United Nations Under-Secretary-General for Economic and Social Affairs; Tshilidzi Marwala, United Nations Under-Secretary-General and Rector of the United Nations University; Muhammadou M. O. Kah, Chairman of the UN CSTD and Vice Chair of the WDTA Education Council. These remarks focused on deploying innovative solutions to expedite the achievements laid out in the 2030 Agenda.

A key highlight of the forum was the DigiBridge side event, organized by the World Digital Technology Academy (WDTA). The event centered on crucial discussions about narrowing the global talent and skill gap and enabling developing countries to leverage digital technologies for sustainable growth. 

The event was officially opened by Peter Major, Vice Chairman of the UN CSTD and Founding Chairman of WDTA, detailed how the DigiBridge program detailed how the DigiBridge is a leading global initiative in digital talent development, designed to bridge the global digital skills gap for everyone. This comprehensive educational and training program melds advanced pedagogical techniques with the demands of industry and international benchmarks, offering a lifelong learning platform for college students, technology professionals, and sector leaders.

Muhammadou M. O. Kah, also opened the event by highlighting the indispensable role of digital technologies in global economic growth and as pivotal solutions to global challenges. He outlined the vision for UN CSTD and WDTA to jointly foster a platform that promotes creativity, groundbreaking ideas, and international collaboration, serving as a powerful catalyst for sustainable digital technology growth and societal advancement.

Yale Li, Co-Founder and Executive Chairman of WDTA, introduced the highly anticipated ‘DigiBridge Digital Talent Development Program. He emphasized the transformative role of innovative educational solutions in shaping a resilient digital economy, particularly through the lens of AI-driven training programs. These initiatives demonstrate WDTA’s leadership in educational innovation and its commitment to cultivating an inclusive global digital talent pool. Prof.  Li mentioned that the WDTA has launched the ” Certified Artificial Intelligence Security Professional” and ” Certified Chief AI Officer” programs, which are rapid actions to support comprehensive education in artificial intelligence.

Tshilidzi Marwala delivered a keynote speech on the topic of generative AI in education. He emphasized the vast potential of generative AI in the educational sector, particularly in personalized learning and the access to educational resources, while also highlighting the risks and challenges it presents, such as data biases and the potential decline in students’ critical thinking skills. He advocated for a comprehensive and ethical approach to exploring AI’s application in education, ensuring equitable access and mitigating potential negative impacts.

Contributions about AI and Education also came from industry leaders. Naria K, General Manager of Digital Inclusion at Microsoft Philanthropies, presented ‘Helping People Build Skills for a New Way of Working.’ She discussed the transformative impact of Generative AI on the workplace and the new opportunities it creates. Highlighting the necessity for AI fluency in all future jobs, Naria detailed Microsoft’s initiatives to upskill individuals, especially from underserved backgrounds, to navigate and thrive in the evolving AI economy.

Dr. Cari L. Miller, Co-founder and Board Chair at the AI Procurement Lab, presented ‘Urgent and Emerging AI Use Cases and the Demand for Cross-Cutting Education.’ She discussed the rapid adoption of AI use cases and their future trends, emphasizing the need to adapt educational practices to prepare a tech workforce capable of delivering immediate employer value. Dr. Miller highlighted the importance of context-specific AI applications and cross-cutting educational strategies that enhance ROI through applied technical skills and domain knowledge.

From the academic sector, Professor Ryan Ko, Cyber Security Chair at the University of Queensland, spoke on ‘AI for Interdisciplinary Cyber Security Education and Research.’ He outlined how UQ Cyber leverages AI in cyber security training, detailing the synergy between rapid AI advancements and educational strategies. His presentation highlighted UQ’s role in training Team Oceania for the International Cybersecurity Challenge, where AI significantly enhanced the team’s performance, securing them second place. This effort not only demonstrated effective AI application but also contributed to several UN Sustainable Development Goals, reflecting the global impact of their educational innovations.

Zhifeng Hao, President of Shantou University, outlined the evolution from early digital technologies to today’s AI-driven landscape, emphasizing the need to integrate disciplines like AI and Big Data into education. Professor. Hao highlighted Shantou University’s commitment to supporting the DigiBridge program, which aims to promote sustainable development and universal access to digital technology.

During the summary of the event, Executive Director and Assistant to the Chairman of the WDTA, Melan Xu, stated that DigiBridge is an open collaborative program. It invites governments, corporations, NGOs, and others to partner with the WDTA to leverage our collective strengths for synergistic development, with the common goal of bridging the digital divide and ensuring that everyone has the opportunity to contribute to and benefit from the digital economy.

The success of the DigiBridge side event at the 2024 UN STI Forum underscored the critical importance of international collaboration in tackling challenges of the digital era. It also reaffirmed the vital role of multilateral cooperation in promoting digital education equity and inclusive growth worldwide, ensuring that bridging the global digital gap for everyone.

PR Newswire

Josys SaaS Management Platform Achieves SOC 2 Type 2 Certification

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PALO ALTO, Calif. and SINGAPORE, May 9, 2024 /PRNewswire/ — Josys, the SaaS and device management platform that simplifies how IT works, is proud to announce that it has achieved SOC 2 Type 2 certification. This certification affirms Josys’ commitment to maintaining the highest standards of data security, confidentiality, and compliance within its operations.

The SOC 2 Type 2 certification, issued by Accorp Partners , validates that Josys’ systems have been thoroughly assessed and meet the stringent criteria for security, availability, processing integrity, confidentiality, and privacy of customer data.

Earning a SOC 2 Type 2 certification is a significant milestone for Josys and underscores the company’s dedication to ensuring the utmost protection of customer information. This certification provides assurance to Josys’ customers and partners that their data is handled with the highest level of security.

“Achieving SOC 2 Type 2 certification reflects Josys’ unwavering commitment to safeguarding our customers’ sensitive data,” said Sanjay Rajasekhar, Co-Founder and Chief Technology Officer at Josys. “This certification is a testament to the dedication of our team to implement robust security measures and best practices throughout our global organization. We remain steadfast in our commitment to providing our customers with the highest level of trust and confidence in our SaaS management platform and services.”

In addition to SOC 2, Josys is ISO 27001 certified and remains devoted to maintaining top-tier security and compliance standards. The company continues to invest in technologies and processes to ensure the protection of customer data.

About Josys:

Josys is the SaaS & Device Management Platform that simplifies how IT works. Our holistic approach equips IT teams with 360-degree control over their SaaS applications and device inventory by making it easier to visualize user access, analyze utilization trends, and automate provisioning processes that will make IT operations run more efficiently. Learn more at: https://josys.com/. 

Contact:
Sylvia McKaige
PR, Salween Group
Sylvia.mckaige@salweengroup.com

PR Newswire

VentureBlick Launches ‘Discovery’: The First Global Networking Platform for Healthcare Innovation

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Empowering key ecosystem players to find each other easily and work together

SINGAPORE, May 8, 2024 /PRNewswire/ — VentureBlick announces the launch of Discovery, a groundbreaking networking platform designed to connect healthcare innovators, advisors, investors, distributors, partners, and service providers worldwide.

VentureBlick Discovery networking platform for healthcare innovation
VentureBlick Discovery networking platform for healthcare innovation

Healthcare innovation is often associated with high barriers and risks, necessitating more cross-border and cross-sector collaboration for global impact. Discovery is the first-ever platform bringing together key stakeholders in healthcare innovation under one virtual roof.

It is free to join Discovery, which is line with the platform’s mission to foster openness, enhance visibility, and facilitate connections throughout the ecosystem.

Since its soft launch a few weeks ago, Discovery has attracted close to 3,000 members from across 50 countries, underscoring its global appeal and potential for growth.

Innovators, investors, and distributors alike stand to benefit from Discovery’s comprehensive suite of tools and resources. Innovators can showcase their breakthrough technologies on a global stage, connect with potential partners and investors beyond their home market, and access essential resources for growth and expansion. Investors can identify promising investment opportunities, gain valuable market intelligence, and engage directly with industry experts. Distributors can expand their product portfolios into new territories or new geographies and forge new partnerships.

One of Discovery’s distinguishing features is its exclusive access to a carefully curated list of advisors. These advisors are either practicing clinicians or industry experts with domain expertise and an innovative mindset, chosen to be part of the global VB Advisory Network. They undergo rigorous vetting to provide innovators with invaluable real-world feedback, clinical insights, and critical resources. VentureBlick is committed to prioritising medical value when it comes to validating and supporting healthcare innovation, making the VB Advisory Network an essential component of this mission.

Advisors can leverage Discovery to stay informed about the latest innovations in their specialty areas, connect with like-minded peers and industry experts, monetise their expertise through paid consulting engagements, and explore business opportunities.

Chris Lee, Founder & CEO of VentureBlick, expressed his enthusiasm for the launch of Discovery, stating, “Discovery was created with the simple purpose of helping people within the healthcare innovation ecosystem find each other and work together instead of relying on their own professional network, which can be limited.”

Discovery offers a range of features tailored to meet the diverse needs of its members, including user profiles and filtered directories, and direct messaging capabilities. More features including Open Innovation Search, 1-to-1 expert call on-demand, smart matching, and open Q&A forum will soon be introduced, further enhancing the platform’s utility and effectiveness.

For more information about VentureBlick and Discovery, please visit www.ventureblick.com.

About VentureBlick

VentureBlick is an all-in-one healthcare innovation engine, driving connections across borders to propel local innovations onto the global stage. Its suite of services includes the Super Incubator, Consulting, and the innovative Discovery networking platform. VentureBlick fosters collaboration among innovators, clinicians, investors, and ecosystem partners worldwide. Boasting a seasoned team and a network of 2,500 healthcare experts from 60 countries, VentureBlick is committed to prioritising medical value and driving impactful open innovation. Headquartered in Singapore and operating in Korea, Germany, India, and China, VentureBlick has a track record of guiding startups, SMEs, and corporations achieve their milestones through global market mapping, medical validation, market entry strategies, technology scouting, healthcare partnership, and beyond. Discover more at www.ventureblick.com.

PR Newswire

Doosan Robotics Unveils Max-Powered ‘PRIME-SERIES’ of Collaborative Robots at Automate 2024

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The New P-SERIES Unleashes Efficiency with a 30 Kilogram Payload
and the Longest Reach of Any Cobot to Date

CHICAGO, May 7, 2024 /PRNewswire/ — Doosan Robotics Inc., one of the world’s leading collaborative robot (cobot) manufacturers, unveiled its newest and most powerful P-SERIES (PRIME-SERIES) today at Automate 2024, bringing to the world of robotics the longest reaching cobot to date.

Doosan Robotics Unveils Max-Powered ‘PRIME-SERIES’ of Collaborative Robots at Automate 2024
Doosan Robotics Unveils Max-Powered ‘PRIME-SERIES’ of Collaborative Robots at Automate 2024

Today’s P-SERIES announcement by Doosan Robotics was marked by a show floor unveiling of the new P3020 – the world’s most powerful cobot for palletizing in existence. The P3020 offers a payload of 30kg (60lbs) and reach of 2,030mm (80in), bringing the ability to palletize from floor to 2m high (stacking up to 10 layers of boxes approximately 8 inches tall) using its simple fixed base without a lift.

Doosan Robotics has successfully dominated the high-payload cobot market in the 20kg range and above, which includes advanced palletizing solutions. Since launching the H-SERIES in 2022, Doosan Robotics has attracted major global customers such as Schiphol Airport and Wacker Korea, significantly enhancing its global market share by 72%. This year, with the introduction of the P-SERIES, the cobot featuring the highest payload and reach yet, expectations are set to soar beyond previous achievements.

Additional key features of the P-SERIES cobot lineup include lower power consumption compared to similar payload cobots by applying its built-in gravity compensation mechanism, inherent wrist-singularity free, and a 5 degree-of-freedom movement with the 4th axis removed and 6th axis speed increased to 360 degrees/second. Doosan Robotics’ continued priority on optimal safety across its solutions is also fully present in the new P3020. This includes achieving the highest PL (e) and Cat 4 safety ratings to ensure both a max-powered and max-safety experience for users.

The motion platform company’s newly unveiled P3020 palletization cobot will be on full display (Booth #850) at Automate 2024 (May 6-9), alongside the company’s ready-to-sell solutions with best-in class partners in Machine Tending, Palletizing, Welding, and Food & Beverage services.  

Driven by its vision to elevate everyday experiences and redefine labor workflows, Doosan Robotics provides a wide, exceptional range of AI cobots aimed to bring about a paradigm shift across various sectors, such as palletizing, manufacturing, logistics, food & beverage, architecture, and service industries. These cutting-edge solutions transcend the constraints of conventional robotics, adeptly maneuvering through intricate scenarios while infusing tasks with enhanced efficiency, safety, and ingenuity. Moreover, the AI system boasts continuous learning capabilities, effortlessly updating its model by autonomously downloading required modules for smooth integration.

“As a motion platform company, Doosan Robotics is meeting the ever-growing need for cobots to mimic human motion, powerfully and safely,” said William Ryu, CEO at Doosan Robotics. “The robotics industry continues to grow at an exponential pace and our lineup of software, cobots and AI differentiates us in our mission to develop cobots with a ‘max-powered, max-efficiency, max-safety’ mindset.”

For more details and videos on the new P3020 cobot by Doosan Robotics, please visit the Doosan Robotics YouTube channel here. For more info, images, and other assets regarding Doosan Robotics’ Automate 2024 overall presence, please visit the press kit here or contact doosanpr@rcpmk.com.

ABOUT DOOSAN ROBOTICS
Doosan Robotics is a global leader in collaborative robot solutions, embodying the principle of ‘Innovation in every motion, revolutionizing the way we work.’ Doosan robots, known for world-class safety and precision, enhance task efficiency across various sectors from manufacturing to service, enabling people to focus on more valuable work. More information about Doosan Robotics is available at https://www.doosanrobotics.com/en/.

PR Newswire

EQT to acquire WSO2, a leading global provider of digital transformation technologies

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  • WSO2 is a leading provider of application development and identity and access management software to enterprises globally, with over 80% of revenue coming from blue-chip customers in the Americas and EMEA
  • WSO2’s technology enables thousands of enterprises, including the world’s largest corporations, universities, and governments, to drive their digital transformation evolution rapidly, efficiently, and more securely
  • Drawing on its extensive experience of supporting global software businesses, EQT will support WSO2’s management team in the next phase of their growth journey

STOCKHOLM, May 3, 2024 /PRNewswire/ — EQT is pleased to announce that BPEA Fund VIII (“EQT Private Capital Asia”) has agreed to acquire WSO2 (the “Company”) from existing shareholders. WSO2 is a leading provider of application development and identity and access management software to enterprise companies globally, with over 80% of revenue coming from blue-chip customers in the Americas and EMEA. Financial details of the transaction have not been disclosed.

WSO2 was founded in Asia and has established a global footprint, enabling thousands of enterprises, including the world’s largest corporations, universities, and governments, to drive their digital transformation rapidly, efficiently, and more securely. WSO2 does this through a comprehensive portfolio of offerings spanning Application Programming Interface (“API”) Management, API Integration, and Identity and Access Management (“IAM”).

Both the API Management and Integration as well as IAM markets are witnessing significant tailwinds, driven by long-term trends such as the transition to hybrid and multi-cloud workloads, rising API volumes, accelerated adoption of Generative AI, and increasing sophistication of cyberattacks. WSO2 is well-positioned to capitalize on this robust market growth on the back of their strong product suite and entrenched customer relationships.

EQT Private Capital Asia will support WSO2’s next phase of accelerated growth and innovation, drawing on EQT’s deep experience in the software space, global network of industry experts and dedicated digital value-creation team. WSO2 joins EQT’s extensive global portfolio of enterprise software companies that already includes firms such as Billtrust, IFS, SUSE, Storable, and Waystar.

Hari Gopalakrishnan, Partner in the EQT Private Capital Asia advisory team, said: “Software is a key focus sector for EQT, and WSO2 is a strong company that has scaled globally with an enterprise customer base spread across the US and Europe. We are excited to partner with WSO2 and believe that the Company is well-positioned to capitalize on long-term trends such as digital transformation and rising GenAI adoption. We are confident of drawing on EQT’s proven software value creation playbook to further accelerate WSO2’s growth momentum.”

“We are thrilled to partner with EQT as we embark on the next phase of WSO2’s journey,” said Dr. Sanjiva Weerawarana, CEO and Founder of WSO2. “With EQT’s support and expertise, we are well-positioned to accelerate our innovation agenda, expand our global footprint, and continue empowering enterprises to thrive in the digital economy.”

EQT Private Capital Asia was advised by Ropes & Gray and Simpson Thacher & Bartlett. The selling shareholders were advised by JP Morgan and Cooley.

With this transaction, BPEA Private Equity Fund VIII is expected to be 45 – 50 percent invested (including closed and/or signed investments, announced public offers, if applicable, and less any expected syndication). The transaction is expected to close in H2 2024.

Contact

EQT Press Office, press@eqtpartners.com

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/eqt/r/eqt-to-acquire-wso2–a-leading-global-provider-of-digital-transformation-technologies,c3973049

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PR Newswire

CleverTap launches Clever.AI, the AI-Driven Edge for Customer Engagement & Retention

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Clever.AI will help brands achieve 66% higher conversion rates and 35% boost in operational efficiency

SAN FRANCISCO and MUMBAI, India, May 3, 2024 /PRNewswire/ — CleverTap, one of the leading all-in-one customer engagement and retention platforms, today announced the launch of Clever.AI, its AI engine. With Clever.AI, CleverTap seeks to enable brands with the next generation of AI capabilities required to build human-like understanding of customers and deliver personalized experiences efficiently that resonate with them, ultimately maximizing customer lifetime value.

Clever.AI is built on the foundation of three core AI pillars – Predictive, Generative, and Prescriptive. Clever.AI propels these three pillars to transform the way brands engage with customers and make customer interactions more intelligent, and efficient.

Clever.AI enables brands to become:

  • Insightful: With Predictive AI capabilities, it forecasts precise business outcomes, helping brands to anticipate customer needs. Clever.AI’s insights are powered by CleverTap’s proprietary TesseractDB™ which ensures data granularity with an extended lookback period, making predictions more accurate, and enabling brands to make informed decisions, resulting in improved marketing ROI
  • Empathetic: Taking GenAI forward, Clever.AI merges creativity with emotional intelligence, crafting content that resonates on a human level. This empathetic approach helps brands drive higher conversions and engages customers with hyper-personalized experiences
  • Actionable: Leveraging Prescriptive AI capabilities, it provides actionable recommendations to maximize conversions throughout the customer journey by helping brands identify the optimal engagement strategies in real-time

Peter Takacs, Digital Product Manager, Burger King said, “I would rate it 10 for its ease of use and numerous possible use cases. We uplifted our marketing campaigns by easily experimenting with multiple possibilities and quickly converging on the optimum one. It opens up a new era of continuous experimentation for us.”

Anand Jain, Co-founder and Chief Product Officer, CleverTap said, “We’re thrilled to unveil Clever.AI, a testament of our pursuit over the last several years in leading the way in adopting the latest tech to transform customer engagement. We will continue to innovate CleverTap’s All-in-One engagement platform with Clever.AI enhancing its precision in predictions, its ability to prescribe intelligent customer experiences strengthened by advanced product analytics and deeper persona profiling to ensure brands can build highly personalized experiences, and campaigns more effectively, ensuring every customer interaction is personalized and outcome driven.”

With Clever.AI, brands have already experienced a boost in conversion with significantly higher operational efficiency. They witnessed a 66 percent increase in conversion rates, 35% boost in operational efficiency and a 3x improvement in click-through rates (CTRs), with an increase across metrics such as purchases, and average order values (AOVs). Moreover, Clever.AI enhanced operational efficiency by simplifying campaign roll-outs, content creation, and experimentation at scale. Clever.AI has helped leading brands like TouchnGo, Swiggy, Burger King add efficiency to their campaigns.

CleverTap will unveil its new AI capabilities through its Spring Release ’24 event slated from 6th May to 9th May, through a series of thought-provoking sessions on how AI can make campaigns more intelligent, efficient, and engaging for brands.

About CleverTap

CleverTap is the all-in-one engagement platform that helps brands unlock limitless customer lifetime value by helping them create personalized experiences to retain their most valuable customers. The platform empowers businesses to orchestrate experiences for individuals across their lifecycles and design personalized journeys that span a lifetime. It offers analytics that encompasses every aspect of the lifecycle, enabling businesses to measure and optimize each experience in real-time. Its unique AI capability is insightful, empathetic, and prescriptive, facilitating smarter and faster decisions. The all-in-one platform unifies experiences from every touchpoint, paving the way for a new era of customer engagement.

The platform is powered by TesseractDB™ – the world’s first purpose-built database for customer engagement, offering both speed and economies of scale.

CleverTap is trusted by 2000 customers, including Electronic Arts, TiltingPoint, Gamebasics, Big Fish, MobilityWare, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John’s, and Tesco.

Backed by leading investors such as Peak XV Partners, Tiger Global, Accel, CDPQ, and 360 One, the company is headquartered in San Francisco, California, with presence in New York, São Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Delhi, Singapore, Jakarta, and Ho Chi Minh.

For more information, visit clevertap.com or follow us on:
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Forward-Looking Statements

Some of the statements in this press release may represent CleverTap’s belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.